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Hilton Head Reporter

Sunday, November 24, 2024

City recognized for excellence in financial reporting

BEAUFORT, S.C.  (Aug. 2, 2022) –  The City of Beaufort has been recognized – yet again – for excellence in financial reporting.

The Government Finance Officers Association (GFOA) has awarded the City of Beaufort a Certificate of Achievement for Excellence in Financial Reporting for the City’s annual comprehensive financial report for the fiscal year ending June 30, 2021.

The report was judged by a panel to meet the high standard of the program, which include demonstrating a “spirit of full disclosure” to clearly communicate Beaufort’s  financial story and motivate users to read the report. The City keeps all of its financial and budgeting information on its website, www.cityofbeaufort.org. Users can access the financial transparency tool to take a closer look at the City’s budget.

The award is the highest form of recognition for governmental accounting and financial reporting. “Its attainment represents significant accomplishment by a government and its management,” GFOA said. 

The latest award is one of many the City’s Finance Department has received from GFOA – in the categories of financial reporting and excellence in budget presentation – under the leadership of Finance Director Alan Eisenman and his predecessor, Kathy Todd.

“We’re very proud of our Finance Department and its accomplishments,” said City Manager Bill Prokop. “We congratulate Alan and his team for their superior work.”

2021 Annual Comprehensive Financial Report

Original source can be found here.

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